Valeura CEO Sean Guest
Canada’s Valeura eyes fresh deals after Thai expansion
The company is also working to sustain output from its Thai-focused portfolio into the 2030s
“Last year was all about closing the Mubadala and KrisEnergy deals,” paying off debt and “bringing three companies together”, explained Sean Guest, CEO of Toronto-listed Valeura. The Canadian company acquired bankrupt Singaporean firm KrisEnergy’s Thai assets, as well as the Thai portfolio of the local subsidiary of the UAE’s Mubadala Energy, in a pair of deals that has refocused the company on Southeast Asia and greatly increased its production. Integration of the acquired assets is now complete, stated Guest. As a result, Valeura now has four fields—Wassana, Manora, Jasmine and Nong Yao—in Thai waters. But upon acquisition, their respective reserve life indices were “a concern among the in
Also in this section
21 August 2025
The administration has once more reduced its short-term gas price forecasts, but the expectation remains the market will tighten over the coming year, on the back of
19 August 2025
ExxonMobil’s MOU with SOCAR, unveiled in Washington alongside the peace agreement with Armenia, highlights how the Karabakh net-zero zone is part of a wider strategic realignment
19 August 2025
OPEC and the IEA have very different views on where the oil market is headed, leaving analysts wondering which way to jump
15 August 2025
US secondary sanctions are forcing a rapid reassessment of crude buying patterns in Asia, and the implications could reshape pricing, freight and supply balances worldwide. With India holding the key to two-thirds of Russian seaborne exports, the stakes could not be higher
